Entrepreneurship has become a popular career path in developed and developing countries, a phenomenon that has contributed to the intense interest in the subject shown by researchers and policymakers around the world. There are several important reasons for studying and understanding entrepreneurship. First of all, entrepreneurship is central to the generation of economic growth since it drives the innovation and technical change required for growth to occur. Second, entrepreneurial action has been cited as the means for balancing supply and demand in the marketplace. Third, entrepreneurship has been praised as the process that facilitates the conversion of new knowledge and ideas into innovative products and services. Finally, entrepreneurship is now widely viewed as a distinct vocational path that has been taken by hundreds of millions of people around the world and, as such, it is important and useful to gain a better understanding of the role that entrepreneurship plays in the development of human and intellectual capital.
The Sustainable Entrepreneur’s Library of Resources for Entrepreneurship consists of four Parts. Part I provides an introduction to a number of important topics relevant to the study and understanding of entrepreneurship and the process of creating, or giving birth to, a new business. The chapters in this Part cover definitions and types of entrepreneurship; entrepreneurship, innovation and development; research on entrepreneurship; motivational traits of prospective entrepreneurs; the role of entrepreneurs in launching new businesses and growth-oriented entrepreneurship. The also discusses various definitions and characteristics of emerging companies, the relationship between emerging companies and innovation, critical success factors for emerging companies, challenges to growth generally experienced by prospective emerging companies, growth models for emerging companies, strategic alternatives for emerging companies, emerging companies in foreign countries and special issues associated with managing knowledge workers and knowledge-intensive firms. In addition, the Part covers environmental and institutional influences on entrepreneurial activities, including the impact of societal culture and the institutions in which entrepreneurs are operating. Special attention is given to innovation clusters, which are geographic regions that provide entrepreneurs with the resources and tools they need to launch their emerging companies, and entrepreneurship in developing countries.
Part II covers “sustainable entrepreneurship”, which has been described as the continuing commitment by businesses to behave ethically and contribute to economic development (e.g., job creation that increases disposable income that generates tax revenues that can be invested in projects focused on sustainable development) while improving the quality of life of the workforce, their families, the local and global community as well as future generations. Sustainable entrepreneurship should be carried out using a sustainable business model that does not deplete resources, but rather replenishes them (e.g., natural resources, human resources, knowledge and technology foundations etc.), and creates value and material and non-material wealth (i.e., well being and happiness) for all stakeholders through actions which are ethical and just. Specific topics covered in the Part include definitions and concepts of sustainability, definitions of sustainable development, dimensions of sustainability, environmental entrepreneurship (“ecopreneurship”), social entrepreneurship, sustainability entrepreneurship, determinants of sustainable entrepreneurship and instruments of sustainable entrepreneurship (e.g., sustainability reports, audits, codes, management systems, sustainability communications and labels).
Part III covers the steps that need to be taken to launch a new standalone business to be initially operated within a new entity by a group of persons, generally referred to herein as the “founders”, who have come together to commercialize an idea for a new product or service. The chapters in this Part cover business planning; product development and commercialization; initial funding sources; selecting and forming business entities including limited liability companies and corporations; initial capital and ownership structure; governance; organizational design; human resources; and technology management and protecting intellectual property.
Part IV covers a variety of topics relating to founders, beginning with a brief introduction to some of the personality traits and skill sets of those persons who seek to form new business and then turning to a discussion of some of the practical issues relating to founders with respect to their pre-formation duties and liabilities, particularly their relationships with prior employers, and their relationships and agreements with other members of the founding group. The Part also examines the role that founders have on the organizational culture of their firms and the positions that founder occupy if and when their firms reach the point where they are ready to take on the rigors of public company status and complete an initial public offering, or “IPO”, of their securities.
Chapters or Articles in Books
Articles in Journals
Theses and Dissertations
Government and Other Public Domain Publications
WEBINARS AND PODCASTS
West Legal Ed Center: Click here for list of all programs presented by the Business Counselor Institute, an affiliate of the Sustainable Entrepreneurship Project, on West Legal Ed Center. Programs relating to entrepreneurship include several videos prepared for the Beyond the Bar training initiative and the following webinars (available on demand):
Business Counselor Institute on West Legal Ed Center
- Business Plans (11.2015)
- Leadership (06.2015)
- Articles of Incorporation and Bylaws (07.2015)
- Admission of Non-Corporate Owners (03.2015)
- Business Owner Termination (12.2014)
Beyond the Bar Training Programs
- Launching a New Business
- Business Plans
- Founders’ Relationships and Agreements
- Selecting Form of Business Entity
- Pre-Incorporation Agreements
- Articles of Incorporation and Bylaws
- Organizational Meetings and Actions
- Buy-Sell Agreements
- Shareholders’ Agreements